ICC launched version 1.0 of its Roadmap for Digital Trade in Financial Services at the ICC Banking Commission Annual Meeting held in Beijing from 8-11 April.
Its aim is to set out long-term industry trends, opportunities, drivers and barriers as well as highlighting the role of the industry, ICC and governments.
The on-going implementation work is performed through ICC National Committees with the key countries and trade corridors in global trade to adopt the recommendations outlined in the Roadmap. The document is designed to help the trade finance industry engage with policymakers in creating rules and standards for digital trade finance.
The roadmap has been intentionally developed with a version number in order that it can be updated regularly.